To sell five Boeing 777s, replacing these with cheaper aircraft
A part of the proceeds will also be used for operational requirements, sources said in Mumbai. The carrier has already taken the delivery of 11 Dreamliners and three more are expected to join the fleet by March of next year.
Fifteen of these pilots are expatriates who were hired for flying the Boeing 787 Dreamliners till Air India's crew got trained.
Air India has put all its newly-acquired Boeing 787-8 Dreamliner planes for sale and leaseback and invited bids from prospective lessors by February first week, even as all of these aircraft remained grounded across the world.
Will operate only after FAA and DGCA gives green light.
The airline's board met in the national capital on Tuesday, and decided to go in for sale and leaseback of Boeing 787 Dreamliners, due for delivery next month.
Boeing's 50 Dreamliners in service have been grounded since mid-January following two incidents involving battery problems.
Air India will require more than 6,500 pilots to operate 470 aircraft that are to be supplied by Airbus and Boeing in the coming years, according to industry sources. Seeking to expand fleet as well as operations, the airline has placed orders for acquiring a total of 840 aircraft that includes an option to buy 370 planes. This is one of the largest aircraft order by any airline. Currently, Air India has around 1,600 pilots to operate its 113 aircraft fleet and in recent times, there have been instances of ultra-long haul flights getting cancelled or delayed due to shortage of crew.
This is only the second aircraft to be built at the airframer's Charleston, South Carolina, facility.
Infighting among pilots might impact Air India's 787 flights
Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.
After rectifying battery glitches, Air India has inducted 6 aircraft so far
The national carrier, which is operating flights to evacuate Indians stranded in foreign countries, have asked its pilots to undertake coronavirus test before they operate such flights.
Several such incidents of windshield cracks suffered by the Dreamliners of Air India have been reported in the past.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
Sale, leaseback of aircraft fetch Air India $150 million; funds to be used to partly repay bridge loan.
Boeing Corp. will on Sunday roll out its latest offering - the Boeing 787 Dreamliner - billed as the most economical and fuel efficient jet that will soon make its debut in India with top airlines Air India and Jet Airways placing orders for 37 jets.
The AI-111 flight departed from the Delhi airport at around 5.20 pm instead of its scheduled departure time of 2 pm, they said.
The All Nippon Airways Flight NH7871 left Tokyo shortly after noon, arriving four hours and eight minutes later to be greeted by traditional dance and music.
'I don't think there will be a direct reaction to the fuel price hike on air ticket prices.'
IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.
The Ahmedabad air tragedy, which claimed the lives of all but one of the 242 passengers and crew on board, and several others on the ground, has left deep scars on BJMC's residential quarters and the psyche of the survivors.
Air India's 125-aircraft fleet includes brand new Boeing and Airbus planes including B777, A321, A320 and A319.
By Friday, two of these Boeing 787 Dreamliner planes would be test-flown several times daily between Delhi and Amritsar so that the pilots and cabin crew get the experience of several landings and take-offs.
The aircrafts were flown to Mumbai for maintainance reasons
There are several first officers who have flown 5,000 hours
An Air India Dreamliner, with 184 passengers and crew onboard operating on London-Delhi route, made "priority" landing at the IGI Airport after some warning lights indicating problem with the braking system blipped in the cockpit.
A shortage of pilots and cabin crew is one reason for flight delays.
The Abu Dhabi-based airline is busy raising its brand recall, to catch up with Emirates.
Air India's new Boeing 787 Dreamliner will start flying on domestic routes from September 19, with the airline hoping that the fuel-efficient aircraft will bring back its good old 'Maharaja' days by saving costs.
The CCEA approved the TAP and the airline's financial restructuring plan, which includes additional equity infusion by the government.
It said Air India "accepted" that though the number of flights from Delhi "increased substantially.
The flight will operate every Tuesday, Thursday and Sunday. While the inaugural flight AI 139 left at 6 pm (Indian time) on Thursday, the scheduled departure will be 4.50 pm (Indian time) from March 25 when the summer schedule comes into operation.
The development comes four days ahead of the launch of a training programme for pilots to fly the Boeing 787 Dreamliners.
Though the Dharmadhikari report expects Air India would be cash surplus by eight years, the efforts are on so that it happens earlier.
Says pilots ready to resume work but civil aviation minister unwilling to reinstate sacked employees
Four Air India international flights were cancelled from Delhi and Mumbai today after about 100 pilots refused to join work.